What should I do with this home? Former primary residence

[William S.]

This was my former primary residence. It's currently being rented out until the spring. My first thought is to sell it and move on to something better. I wanted see if there is another option I'm not thinking of (refinancing into something to have lower mortgage debt, creating more cashflow)?

The house is in good condition, no major repairs coming anytime soon. It's in an up and coming area of Milwaukee as well. On the border of Tosa, which is a hot area. Another benefit is that it's brick, so no siding replacement required. The bad, it's on a slab and who knows how old the plumbing is and electrical. Numbers below:

Purchase Price	$121,000
Rent	$1,095
Vacancy	$91.25
Mortgage Payment	$368.87
Taxes	$248.20
Insurance	$97.00
Maintenance	$50
Future Cap-Ex?	$150
PM	$110
Lease Fee	$41.67
Total Monthly Expenses	$1,156
Projected Cash Flow	-$61.49
Paid Off	$568.75

I think I can get rent up to $1,200/m perhaps

As you can see with the current mortgage, I'm negative long term with the Cap Ex budget being applied. Is my only way out selling? Or can I refi something, reduce debt for cash flow.